Bright Minds Biosciences: Looking To Change Scope Of Epilepsy Disorder Treatments With BMB-101
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Bright Minds Biosciences is advancing its BMB-101 drug targeting drug-resistant epilepsy, aiming for a multibillion-dollar market. The company is conducting a phase 2 trial for Absence Epilepsy and DEE, with data expected by 2026. A $35 million private placement extends its cash runway beyond 2026, supporting its pipeline.
January 26, 2025 | 11:45 am
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Bright Minds Biosciences is focusing on BMB-101 for drug-resistant epilepsy, with a phase 2 trial underway and data expected by 2026. A $35 million private placement extends its cash runway, supporting its drug pipeline.
The news highlights Bright Minds Biosciences' strategic focus on a potentially lucrative market with its BMB-101 drug. The phase 2 trial and extended cash runway are positive indicators for future growth, likely boosting investor confidence.
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